Q1 benefited from large B2B contracts, favorable capex phasing, stronger FX and other tailwinds, yet Q1 results demonstrate the cash flow generation potential of the business, and strengthen our ability to achieve our 2024 Equity Free Cash Flow target of $550 million.
Key Points:
- Q1 benefited from large B2B contracts, favorable capex phasing, stronger FX and other tailwinds, yet Q1 results demonstrate the cash flow generation potential of the business, and strengthen our ability to achieve our 2024 Equity Free Cash Flow target of $550 million.
- The entire Board and I look forward to working with Marcelo to ensure a smooth transition and continued success in his incredible journey with Millicom over the past 30 years."
- Millicom is planning to host a video conference for the global financial community on May 8, 2024, at 14:00 (Stockholm) / 13:00 (London) / 08:00 (Miami).
- Accompanying slides and a replay of the event will be available on the Millicom investors website.
All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom.
Key Points:
- All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom.
- Following the purchases, Millicom holds 824,911 treasury shares as of May 3, 2024.
- The repurchase program is being executed consistent with the provisions of Article 5 of MAR and the Commission Delegated Regulation No 2016/1052 (“Safe Harbour Regulation”).
- For information about all transactions carried out under the repurchase program, refer to Nasdaq Stockholm’s website: http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/s...
Luxembourg, April 26, 2024 – Millicom expects to announce its first quarter 2024 results on May 8, 2024, via a press release.
Key Points:
- Luxembourg, April 26, 2024 – Millicom expects to announce its first quarter 2024 results on May 8, 2024, via a press release.
- Millicom is planning to host a video conference for the global financial community on May 8, 2024, at 14:00 (Stockholm) / 13:00 (London) / 08:00 (Miami).
- After registering, you will receive a confirmation email containing details about joining the video conference.
- Participants who wish to ask a question during the live event must notify the Investor Relations team via email to [email protected] after the start of the event.
Luxembourg, April 25, 2024 – Millicom announced today that its Board of Directors has appointed Marcelo Benitez as CEO of Millicom, effective June 1, 2024.
Key Points:
- Luxembourg, April 25, 2024 – Millicom announced today that its Board of Directors has appointed Marcelo Benitez as CEO of Millicom, effective June 1, 2024.
- "After an extensive evaluation, it is clear to our Board that Marcelo is the right person to lead Millicom into the future”, indicated Mauricio Ramos, Chair of the Board of Directors of the Company.
- Also subject to shareholder approval at the AGM, Maxime Lombardini will join the Board of Directors of Millicom.
- “We are excited that Maxime will bring his extensive experience and track record in leading telecom businesses to the Millicom Board.
Luxembourg, April 23, 2024 – Millicom today announced the re-issuance of the Convening Notice to its Annual General Meeting (“AGM”) and Extraordinary General Meeting (“EGM”) of Shareholders which will be held on May 23, 2024.
Key Points:
- Luxembourg, April 23, 2024 – Millicom today announced the re-issuance of the Convening Notice to its Annual General Meeting (“AGM”) and Extraordinary General Meeting (“EGM”) of Shareholders which will be held on May 23, 2024.
- The Convening Notice contains a rectified note to the AGM agenda item 20 (Share Repurchase Plan).
- All other items of the AGM and EGM remain unchanged.
- The Convening Notice is appended to this press release and available on the company’s website at: https://www.millicom.com/our-company/corporate-governance/shareholder-me... .
All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom.
Key Points:
- All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom.
- Following the purchases, Millicom holds 805,594 treasury shares as of April 19, 2024.
- The repurchase program is being executed consistent with the provisions of Article 5 of MAR and the Commission Delegated Regulation No 2016/1052 (“Safe Harbour Regulation”).
- For information about all transactions carried out under the repurchase program, refer to Nasdaq Stockholm’s website: http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/s...
Retrieved on:
Wednesday, April 17, 2024
Retrieved on:
Wednesday, April 17, 2024
Millicom,
Annual,
Treasury,
Atlas,
Mauricio Ramos,
Chairperson,
Southeastern Asset Management,
Committee,
Nomination,
Interim,
Telecommunications,
AGM Pernille Erenbjerg and Michael Golan have decided not to seek re-election.
Key Points:
- Pernille Erenbjerg and Michael Golan have decided not to seek re-election.
- Aude Durand, Chair of the Nomination Committee, commented: “The Nomination Committee is pleased to propose the election of Maxime Lombardini and Justine Dimovic as new Board Directors.
- The addition of these new directors will strengthen Board’s oversight of Millicom’s operational and financial performance and of its capital allocation and strategic direction.”
Mauricio Ramos, Chair of the Board, added: “On behalf of the Board, the management team, and all shareholders, I would like to extend our gratitude to our outgoing directors for their significant contributions to the Board.
- Since his appointment in May 2023, Michael Golan contributed significantly to Millicom’s restructuring program and oversight of financial matters while serving on Millicom’s Audit and Compliance Committee.
All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom.
Key Points:
- All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom.
- Following the purchases, Millicom holds 766,703 treasury shares as of April 12, 2024.
- The repurchase program is being executed consistent with the provisions of Article 5 of MAR and the Commission Delegated Regulation No 2016/1052 (“Safe Harbour Regulation”).
- For information about all transactions carried out under the repurchase program, refer to Nasdaq Stockholm’s website: http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/s...
All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom.
Key Points:
- All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom.
- Following the purchases, Millicom holds 733,850 treasury shares as of April 5, 2024.
- The repurchase program is being executed consistent with the provisions of Article 5 of MAR and the Commission Delegated Regulation No 2016/1052 (“Safe Harbour Regulation”).
- For information about all transactions carried out under the repurchase program, refer to Nasdaq Stockholm’s website: http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/s...
